Effective Date: 1 July 2025
1. Introduction
These Account Terms and Conditions (the “Agreement”) govern the relationship between Dina Management Pty Ltd with ABN: 71 660 846 328, AFS Licence 545559 (“the Company”, “we”, “our”, “us”) and the account holder (“Client”, “you”, “your”). By opening an account with the Company, you agree to be bound by these terms.
Please read this document carefully. If you do not agree with any of these terms, you should not open an account with us.
2. Account Opening
2.1 Eligibility:
To open an account with us, you must:
- Be at least 18 years old and legally able to enter into binding contracts.
- Provide accurate and complete information during the registration process.
- Comply with all applicable laws, regulations, and requirements.
2.2 Account Information:
By creating an account, you agree to provide true, accurate, and up-to-date information. You are responsible for updating your details if any changes occur. You may be required to undergo Know Your Customer (KYC) checks, and you agree to provide identification documents as requested.
2.3 Account Access:
You are responsible for maintaining the confidentiality of your account login credentials (username and password). You agree to notify us immediately if your account credentials are compromised or if you suspect unauthorised access.
3. Account Usage
3.1 Authorised Transactions:
You may use your account to perform the following activities, subject to applicable laws and the terms of this Agreement:
- Place orders to buy and sell financial products (e.g., corporate bonds).
- Access reports, balances, and transaction history related to your account.
- Request fund transfers or withdrawals from your account.
3.2 Prohibited Activities:
You agree not to engage in the following activities:
- Using the account for illegal purposes, including money laundering or fraud.
- Engaging in any form of market manipulation or trading practices that violate securities laws.
- Sharing your account credentials with unauthorised parties.
4. Custodial Services (If Applicable)
4.1 Custodial Account:
If you are using a custodial account through us, we will hold your investments (e.g., corporate bonds) in our name or the name of our nominee but you will be the beneficial owner of those assets.
4.2 Custodian’s Role:
- We will hold, manage, and facilitate the execution of transactions related to your investments in a manner consistent with our duties as your custodian.
- We may appoint third-party service providers (e.g., clearing houses, settlement systems) to carry out custodial functions, but we remain responsible for your assets.
4.3 Custodial Fees:
- We may charge fees for custodial services, as disclosed in our Fee Schedule. You authorise us to deduct any applicable fees from your account.
4.4 Interest and Dividends:
- Any interest, dividends, or other income generated from your holdings will be credited to your account as and when received.
5. Transactions and Settlement
5.1 Placing Orders:
You may place orders to buy or sell financial products via the platform or dedicated contact person. We will execute your orders in accordance with the terms of the platform or order execution policy.
5.2 Settlement of Transactions:
Transactions (buy/sell orders) will be settled according to the standard settlement cycle for the product. For example, corporate bonds may settle in T+2 (two business days after the trade date).
5.3 Transaction Costs:
You are responsible for any transaction fees, including commissions, custodial fees, and third-party service charges associated with your investment activities.
6. Fees and Charges
6.1 Fee Schedule:
You agree to pay all fees and charges associated with your account and investment activities, as outlined in the Fee Schedule, which is provided during account registration and is available at any time via your account dashboard.
6.2 Payment of Fees:
Fees will be deducted from your account in accordance with the payment terms outlined in the Fee Schedule. You authorise us to deduct these fees from your account balance.
7. Client Responsibilities
7.1 Accuracy of Information:
You agree to provide accurate and complete information when opening the account and keep it updated throughout the duration of the account. You will notify us promptly of any changes.
7.2 Compliance with Laws:
You agree to comply with all applicable laws and regulations governing your account, including those relating to tax obligations, securities regulations, and anti-money laundering.
7.3 Tax Reporting:
It is your responsibility to report and pay any taxes on the income and capital gains generated by your investments. We will provide you with tax statements as required, but you are responsible for your own tax obligations.
8. Risk Acknowledgment
8.1 Investment Risks:
You acknowledge that investing in securities involves inherent risks, including credit risk, market risk, and liquidity risk. You understand that the value of your investments can fluctuate, and there is a risk of losing your principal.
8.2 Risk Disclosure:
We strongly encourage you to read the Risk Disclosure Statement provided before making any investment. You acknowledge that you understand the risks associated with investing in the products offered through the platform.
9. Account Termination
9.1 Client-Initiated Termination:
You may terminate your account at any time by notifying us in writing. Upon termination, we will return any remaining funds or assets, subject to any outstanding fees, charges, or liabilities.
9.2 Company-Initiated Termination:
We reserve the right to suspend or terminate your account if:
- You violate any of the terms of this Agreement.
- We are required to do so by law or regulatory authorities.
- Your account becomes inactive or dormant for a prolonged period.
10. Dispute Resolution
10.1 Governing Law:
This Agreement will be governed by and construed in accordance with the laws of New South Wales, Australia.
10.2 Dispute Resolution Process:
Any disputes arising from this Agreement will first be addressed through negotiation. If an agreement cannot be reached, disputes may be submitted to mediation or binding arbitration.
11. Limitation of Liability
11.1 Platform Liability:
We will not be liable for any loss, damage, or expense arising from:
- Errors or delays in processing orders or transactions.
- Technical issues or system outages.
- Any acts of fraud or negligence by third-party providers.
11.2 Client Liability:
You are responsible for any losses incurred due to your own actions or failure to adhere to the terms of this Agreement.
12. Miscellaneous
12.1 Amendments to this Agreement:
We reserve the right to modify these Terms and Conditions at any time. We will notify you of any changes, and your continued use of the platform after such changes constitutes your acceptance of the modified terms.
12.2 Entire Agreement:
This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements, written or oral, regarding your account.
Signature and Acknowledgment:
By opening an account with Dina Management Pty Ltd, you acknowledge that you have read, understood, and agree to be bound by these Account Terms and Conditions.